RDP 2004-11: Trade Openness: An Australian Perspective
Equation (2)
log
(
o
p
e
n
n
e
s
s
i
)
=
β
0
+
β
1
log
(
a
r
e
a
i
)
+
β
2
log
(
p
o
p
u
l
a
t
i
o
n
i
)
+
β
3
log
(
G
D
P
p
e
r
c
a
p
i
t
a
i
)
+
β
4
log
(
e
c
o
n
o
m
i
c
l
o
c
a
t
i
o
n
i
)
+
β
5
(
t
r
a
d
e
p
o
l
i
c
y
i
)
+
ε
i
MathType@MTEF@5@5@+=feaagCart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLnhiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=xfr=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@ABA7@